Toughbuilt Industries Inc reports results for the quarter ended in June - Earnings Summary

Toughbuilt Industries

16/08/2021 12:53

* Toughbuilt Industries Inc  TBLT.OQ  reported a quarterly
adjusted loss of 9 cents​​ per share for the quarter ended in
June. The lone analyst forecast for the quarter was for a loss
of 6 cents per share.
* Revenue rose 132.5% to $15.90 million from a year ago; 
analysts expected $13.00 million. 
* Toughbuilt Industries Inc's reported EPS for the quarter was a
loss of 9 cents​.
* The mean earnings estimate of analysts had fallen by
about 200% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Toughbuilt Industries Inc shares had fallen by 17.9% this
quarter and lost 13.9% so far this year.
* The company reported a quarterly loss of $7.4 million.
* Wall Street's median 12-month price target for Toughbuilt
Industries Inc is $2.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 16 at 11:53 a.m.  ​All
figures in US dollars unless otherwise stated